School district · Bernalillo County, NM

Albuquerque School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Albuquerque School District took in $1.75 billion and spent $1.59 billion.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

State tax money83%School district taxes12%Federal tax money2.3%Fines and other2.2%Fees for services (school lunches)0.9%

What stands out

83%

of Albuquerque School District's money comes from state tax money.A typical school district with 25,000+ students gets 55%.

School district taxes12%

Property tax
12%$207 million

Fees for services0.9%

Fees for services
0.9%$16.4 million
What's in fees for servicesOther school charges and school lunches
  • Other school charges$13.3 million
  • School lunches$3.0 million

Amounts are by Census type of charge.

Federal tax money2.3%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
2.3%$39.8 million

State tax money83%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
83%$1.44 billion

Fines and other2.2%

Interest, rents and other
2.2%$38.0 million

Where it goes

Schools and colleges99%Interest on debt1.4%

Spending by category100%

Schools and colleges
99%$1.57 billion
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$1.57 billion
Interest on debt
1.4%$21.6 million
Sources and moreWhere these numbers come from and what they cover

Albuquerque School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Albuquerque School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.